TCG Home Edition. Sell now or in spring?

[torquelover]

Okay real estate TCG bros. Outgrew house a few years ago, just got promoted so time to move on. List house now, or in the spring?

Pros and cons?

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[1quick]

con: you will have to move when its cold as balls out if you sell now, and probably get less for your house but a pro to that is you will probably buy your new joint alittle bit cheaper than you could in the spring or summer so it will even out

 

[DEEZUZ]

It will probably sit for a long time on the market since no one wants to move in the winter. The longer it's on the market, the less the value. Nothing helps negotiations more than a house listed forever

 

[MikeyLikesIt]

People just delist and relist properties. The wife and I were just looking at a flip that was relisted 4 times. I would wait a month and then begin to list it. Just my 2 cents.

 

[smith876]

We have been told by two different agents that listing shortly after the Super Bowl is prime season. Everybody is active and getting ready to move in the spring.

 

[Turk]

If home values are cheaper in the winter, wouldn't it be better to move now?

Hear me out.

I'm guessing you are looking for a bigger more expensive house. Everything is a percentage game. Let's say your house is worth 200k now, and you want a house worth 500k now. If both houses increase 10% by spring, your house is 220k and the house you want is 550k. You actually lose 30k by the spring.

 

[sickmint79]

my bro wants to sell, we share a house. i think people are mostly in delist mode now. you may/may not find a better deal at the moment. you may find something you like more later. who knows.

i think we are waiting until late spring/early summer under the idea that we are in a desirable school system and think that's when people will be looking to try and buy into it.

 

[79vette]

late winter early spring is the best time to put a house on the market for the sellers perspective, the buyers perspective if it is convenient, late fall early winter is the best to buy.

 

[Flyn]

Sell it whenever you are ready. The price you list it at is what will determine how fast it sells.

Here's a version of the Price/time pyramid. Basically, the higher the price, the longer it takes to sell. Price is by far the number one determining factor in selling a home.

 

[torquelover]

Lots of good info here. Two neighbors homes with similar basic floor plans sold in first week of listing recently. Our home is larger, on a bigger corner lot, with mature trees, and lots of upgrades so I'm optimistic.

I would like to build again so we're not in a hurry.

 

[99PONTIACGP]

I like turks reasoning.

Have you met with a real estate agent who can confirm whether prices will jump in the spring?

 

[CuzzinOlaf]

If you can sell it now you'll get a better deal on a bigger house. Turk's math is spot on so take that into consideration. As demand increases prices stabilize or go up.